Kenya: Segun Ogunsanya Begins New Role as Airtel Africa CEO

Kenya: Segun Ogunsanya Begins New Role as Airtel Africa CEO

Nairobi — Telecommunications and mobile service provider, Airtel Africa Plc, has confirmed that Segun Ogunsanya, its new Chief Executive Officer (CEO) who was appointed in April has assumed his role at the telecommunication firm. Ogunsanya replaces Raghunath Mandava as Managing Director and Chief Executive Officer who informed the Board of his intention to retire in […]

Liberia: NEC to Declare Samukai’s Victory in Lofa Void – Sources

Liberia: NEC to Declare Samukai’s Victory in Lofa Void – Sources

MONROVIA – An impeccable source has disclosed to FrontPageAfrica that the National Elections Commission (NEC) will declare a vacancy in Lofa County, which means Senator-elect Brownie Samukai will lose his seat. Our source, however, didn’t disclose when NEC will declare the vacancy. Samukai, of the opposition Collaborating Political Parties (CPP), received the most votes in […]

Ghana: Ecobank Ghana, People's Pension Trust Seal Partnership Deal

Ghana: Ecobank Ghana, People’s Pension Trust Seal Partnership Deal

Ecobank Ghana and People’s Pension Trust, have launched a new digital-based pension scheme that allows both formal and informal sector workers the opportunity of contributing towards a comfortable retirement on their mobile handsets. The product, which is available on the Ecobank Mobile App, is primarily targeted at the millions of informal sector workers, who constitute […]

Ecobank Ghana, People’s Pension Trust launch new pension scheme

Ecobank Ghana, People’s Pension Trust launch new pension scheme

Ecobank Ghana has partnered with the People’s Pension Trust to launch a new digital-based pension scheme that allows clients to contribute towards a comfortable retirement, using their mobile phones. The product, which is available on the Ecobank Mobile App, is primarily targeted at the millions of informal sector workers, who constitute about 71 per cent […]

Equity investor injects $75m investment into Ecobank

Equity investor injects $75m investment into Ecobank

Ecobank Transnational Incorporated has announced the receipt of a $75m perpetual non-cumulative additional tier-1 capital investment from Arise B.V ETI announced this on Monday in a statement released to the Nigerian Exchange Limited and the investing public. It said the investment from the private equity firm would be used for its general corporate purposes including […]

Ghana’s Cocoa Board signs key $1.5 billion finance agreement for farmer payment

Ghana’s Cocoa Board signs key $1.5 billion finance agreement for farmer payment

The Ghana Cocoa Board (COCOBOD) has secured a $1.5billion pre-export finance agreement with a consortium of local and international financial institutions, enabling cocoa purchasing for its critical 2021/2022 season. As the organisation noted, the facility, it was gained a competitive interest rate and comes at a critical moment for the industry – with record yields […]